Call reports 2010
ANN ARBOR STATE BANK — 2010
What ANN ARBOR STATE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 79,669,000 | 90,647,000 | 106,978,000 | 105,466,000 |
| Total loans | 48,188,000 | 59,435,000 | 64,339,000 | 72,007,000 |
| Allowance for loan losses | 574,000 | 692,000 | 735,000 | 820,000 |
| Securities available for sale | 19,049,000 | 22,106,000 | 26,553,000 | 26,572,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,299,000 | 75,021,000 | 89,749,000 | 88,253,000 |
| Interest-bearing deposits | 54,857,000 | 62,337,000 | 73,918,000 | 70,943,000 |
| Noninterest-bearing deposits | 9,442,000 | 12,684,000 | 15,831,000 | 17,310,000 |
| Equity capital | 10,156,000 | 10,260,000 | 10,766,000 | 10,899,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 957,000 | 2,028,000 | 3,250,000 | 4,573,000 |
| Interest expense | 190,000 | 406,000 | 656,000 | 900,000 |
| Net interest income | 767,000 | 1,622,000 | 2,594,000 | 3,673,000 |
| Noninterest income | 195,000 | 317,000 | 463,000 | 683,000 |
| Noninterest expense | 778,000 | 1,587,000 | 2,421,000 | 3,399,000 |
| Provision for loan losses | 27,000 | 145,000 | 188,000 | 273,000 |
| Pretax income | 159,000 | 232,000 | 473,000 | 829,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 159,000 | 232,000 | 473,000 | 829,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,954,000 | 10,036,000 | 10,288,000 | 10,773,000 |
| Total capital | 10,528,000 | 10,728,000 | 11,023,000 | 11,593,000 |
| Risk-weighted assets | 56,055,000 | 65,655,000 | 68,841,000 | 77,680,000 |